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<channel>
	<title> &#187; Trade Marks</title>
	<atom:link href="http://www.silvermansherlikerblog.com/category/trade-marks-trademarks/feed" rel="self" type="application/rss+xml" />
	<link>http://www.silvermansherlikerblog.com</link>
	<description></description>
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		<title>Accelerated Possession &#8211; You Blinked?</title>
		<link>http://www.silvermansherlikerblog.com/accelerated-possession-you-blinked</link>
		<comments>http://www.silvermansherlikerblog.com/accelerated-possession-you-blinked#comments</comments>
		<pubDate>Sun, 27 Jun 2010 07:39:41 +0000</pubDate>
		<dc:creator>Chris Sherliker</dc:creator>
				<category><![CDATA[Litigation]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Property Law]]></category>
		<category><![CDATA[accelerated possession]]></category>
		<category><![CDATA[accelerated possession service]]></category>
		<category><![CDATA[evict tenant]]></category>
		<category><![CDATA[repossession]]></category>

		<guid isPermaLink="false">http://www.silvermansherlikerblog.com/?p=670</guid>
		<description><![CDATA[
Re-possession of residential property has just got a whole lot faster with our new, fixed fee Accelerated Possession service.
Thats it.
You blinked?
You missed it.
]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Faccelerated-possession-you-blinked"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Faccelerated-possession-you-blinked" height="61" width="51" /></a></div><p><img class="alignleft size-full wp-image-671" title="accelerated-possession" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/accelerated-possession.jpg" alt="accelerated-possession" width="394" height="311" /></p>
<p>Re-possession of residential property has just got a whole lot faster with our new, fixed fee <a href="http://www.acceleratedpossession.com/"><strong>Accelerated Possession</strong></a> service.</p>
<p>Thats it.</p>
<p>You blinked?</p>
<p>You missed it.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>&#8216;It&#8217;s an App, App, &#8216;Appy Day!&#8217;</title>
		<link>http://www.silvermansherlikerblog.com/its-an-app-app-appy-day</link>
		<comments>http://www.silvermansherlikerblog.com/its-an-app-app-appy-day#comments</comments>
		<pubDate>Sun, 20 Jun 2010 10:14:47 +0000</pubDate>
		<dc:creator>Chris Sherliker</dc:creator>
				<category><![CDATA[Business Legal Advice]]></category>
		<category><![CDATA[Intellectual Property]]></category>
		<category><![CDATA[Trade Marks]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[free trademark search]]></category>
		<category><![CDATA[International Law]]></category>
		<category><![CDATA[name copyright]]></category>
		<category><![CDATA[Namesearch]]></category>
		<category><![CDATA[NameSearch TM Legal]]></category>
		<category><![CDATA[trade mark]]></category>
		<category><![CDATA[trademarks]]></category>

		<guid isPermaLink="false">http://www.silvermansherlikerblog.com/?p=599</guid>
		<description><![CDATA[The Law is an App.
At least, trade mark law now is&#8230;
Three days ago, we launched our first mobile application for iPhone and Blackberry:  NameSearch TM Legal.

If you are reading this on an iPhone or BB, you can download the App free from the above link.
You can also read the review in the AppStore.
NameSearch TM Legal [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Fits-an-app-app-appy-day"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Fits-an-app-app-appy-day" height="61" width="51" /></a></div><p>The Law is an App.</p>
<p style="text-align: left;">At least, trade mark law now is&#8230;</p>
<p style="text-align: left;">Three days ago, we launched our first mobile application for iPhone and Blackberry:  <a href="http://www.mobile-trademarks.co.uk">NameSearch TM Legal</a>.</p>
<p style="TEXT-ALIGN: center"><img class="aligncenter" title="namelogo+" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/namelogo+-300x75.jpg" alt="namelogo+" width="300" height="75" /></p>
<p>If you are reading this on an iPhone or BB, you can download the App free from the <a href="http://www.mobile-trademarks.co.uk">above link</a>.</p>
<p>You can also read the review in the <a href="http://app-store.appspot.com/?url=http%3A%2F%2Fax.phobos.apple.com.edgesuite.net%2Fus%2Fapp%2Fnamesea-ch-tm-legal%2Fid354136226%3Fmt%3D8">AppStore</a>.</p>
<p><img class="alignleft size-full wp-image-632" title="namesearch for iPhone" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/name+iphone1.JPG" alt="namesearch for iPhone" width="214" height="333" /><a href="http://www.mobile-trademarks.co.uk">NameSearch TM Legal</a> helps you protect your trade marks, business names, product names, logos and brands and is designed as a resource tool for brand  consultants, creative agencies, designers, NPD specialists, marketing  executives and entrepreneurs.</p>
<p>In addition to a constantly-updated feed on what&#8217;s happening in the world of brands and marks, you can also request free trade mark search reports on the legal availability of business and product names and free legal advice on names, logos, trade marks and brands from the IP Team at Silverman Sherliker LLP.</p>
<p>You also have the full text of the UK Trade Marks Act 1994 at your fingertips.</p>
<p>The journey from the dawn of the initial idea to its eventual launch in the Appstore has been a long and formative one and, like most journeys, it has taught me quite a lot.</p>
<p>This is what I have learned.</p>
<p style="text-align: left;"><strong>Lesson 1: When you want to generate a new idea &#8230;go large.</strong></p>
<p>There are a lot of iPhone applications about trade marks and &#8216;matters legal&#8217; but a lot of them just replicate legal statutes and provide very limited functionality. They are stuffy. They are basically just adverts.</p>
<p>I wanted to create a really useful tool for anyone involved in branding, trade marks, name creation, design, NPD or business start-ups. Something that would enable busy creatives and entrepreneurs to clarify the legal availablity of new trade marks, brands and designs &#8216;on the hoof&#8217;, as it were &#8230;in a taxi, at the water-cooler, from the white-hot centre of the brain-storming session. In short, I wanted it to deliver  something of real value for the creative and entrepreneurial community.</p>
<p style="text-align: center;"><img class="aligncenter" title="name+stars" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/name+stars-300x89.jpg" alt="name+stars" width="300" height="89" /></p>
<p>So what about an app that enables anyone in the world to request a free trade mark search and get an initial professional assessment of the results from their iPhone or Blackberry?</p>
<p>Okay. That&#8217;s not bad.</p>
<p>But what if people could also request free legal advice on branding and trade marks as well and request a fee quote for the registration of their chosen mark at the same  time?</p>
<p>Better.</p>
<p>What about logos, graphics and designs? Could people take a quick snap of the logo or graphic with the iPhone camera and upload it from the app into our CRM database for immediate legal evaluation? &#8230;&#8230;er, yes&#8230;.</p>
<p><img class="aligncenter size-medium wp-image-616" title="name+first screen" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/name+first-screen-228x300.jpg" alt="name+first screen" width="228" height="300" /></p>
<p>So I think this is the most important part of the process.</p>
<p>Get excited. Ask yourself what would be the best thing you could  possibly create&#8230;and then keep adding stuff.</p>
<p>Be demanding of yourself  &#8230;and keep demanding.</p>
<p>Keep on asking yourself &#8230;. &#8216;Why not?&#8217; &#8230;and &#8216;What if?&#8217;</p>
<p>So could we have improved on the first version of the app that we submitted to Apple?</p>
<p>Yes, we most definitely could. In fact, it was the initial and disappointing rebuff from Apple (more below) that drove us on to produce what we now think is a really fantastic application.</p>
<p>We hope that you will agree.</p>
<p><strong>Lesson 2: Choose a good, professional iPhone App developer</strong></p>
<p>Come on, guys! &#8230;We are lawyers, not tekkies!</p>
<p>Don&#8217;t skimp on the choice of a good developer.</p>
<p>Don&#8217;t just settle for the cheapest offer on eLance from Timbuktoo.</p>
<p>It makes much more sense, in my opinion, to pay the premium for having a good local developer who you can brief face-to-face and who is reasonably near to home when a few home-truths need to be shared. They will have a better understanding of your business and what you are trying to do if you can discuss the project with them across a table and they will probably come up with a much better look-and-feel for the new application as a result.</p>
<p>Include them in the conversation right from the beginning. What seems impossible and expensive to a work-a-day lawyer suddenly appears to be do-able.</p>
<p>I can whole-heartedly recommend my friends <a href="http://www.polydiaminfosoft.com/our-team">Ankush and Jason at PolydiamInfosoft</a>. They are extremely dedicated and client-centric folk and showed great patience and fortitude in bringing this new app into being.</p>
<p>Great guys.</p>
<p><strong>Lesson 3: (the big one) Never Give Up.</strong></p>
<p>My Twitter friends know that this is a recurring Churchillian theme of mine and will forgive me. But there will be bumps in the road in any project. Sometimes they are big bumps that throw you off the road completely. We ended up in the proverbial ditch in March on this one:</p>
<p><img class="aligncenter size-full wp-image-639" title="namesearch status" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/name+status1.JPG" alt="namesearch status" width="909" height="601" /></p>
<p>The gestation period of this app has been 6 long months rather than the intended 2 months. The idea was conceived early one morning in December 2009, whilst shaving. I get a lot of good ideas whilst shaving. Developers were appointed and briefed in late December and we anticipated a launch in February. In fact, it was March 2010 before we were first in a position to submit the fledgling app to Apple Inc for assessment for inclusion in the AppStore.</p>
<p>Now, Apple Inc became very skittish in March 2010 for some unknown reason and suddenly started rejecting perfectly good applications on the flimsiest of pretexts, at least this is what I have managed to glean from various sources.</p>
<p>In short, our application was rejected because it, and I quote, &#8216;<em>did not make full use of the available iPhone functionality&#8217;</em>.</p>
<p>Well, stuff you, Duckie!</p>
<p>We found ourselves in the proverbial ditch.</p>
<p>So we went back to the drawing board with our developers, who were as frustrated as were we, and we started to build an even better application.</p>
<p>We incorporated the full text of the <span style="text-decoration: underline;">UK Trade Marks Act 1994</span>.</p>
<p>We built in an<span style="text-decoration: underline;"> RSS blog feed</span> so that we could now offer bloggers on branding and design a further outlet for their blog-posts. We included a <span style="text-decoration: underline;">Twitterfeed</span>.</p>
<p>We refined the back-end <span style="text-decoration: underline;">CRM databases</span> to enable us to communicate with our enquirers by email and by SMS.</p>
<p>We upgraded the graphics and revisited the screen designs and the copy.</p>
<p>We resubmitted on June 9th and were notified of the inclusion of <a href="http://www.mobile-trademarks.co.uk">Namesearch TM Legal </a>in the AppStore on June 15th&#8230;.and great was the celebration.</p>
<p>In its first 3 days, and without any advertising apart from a few tentative tweets on Twitter, we have scored 164 downloads of our new application worldwide.</p>
<p style="text-align: center;"><img class="aligncenter size-full wp-image-644" title="namesearch stats" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/name+stats1.JPG" alt="namesearch stats" width="874" height="554" /></p>
<p>Interestingly, many of the initial enquiries are from Canada and the US so we will immediately be setting up a  referral conduit to our trade mark affiliates in those countries to handle those enquiries effectively.</p>
<p><strong>NB: <span style="text-decoration: underline;">Don&#8217;t Miss Your Blog Opportunity</span></strong></p>
<p><strong>We are also looking for relevant blogs on marketing, branding and design to include in the application&#8217;s RSS feed</strong> so if you would like your blog included please do get in touch with me as soon as possible and we can help get you an increasing, targetted readership for all of your blog-posts.</p>
<p>Just email me at <a href="mailto:cjs@silvermansherliker.co.uk">cjs@silvermansherliker.co.uk</a>. We can include your blog in the Namesearch application within a few seconds and would be delighted to extend this courtesy to you. Don&#8217;t be shy!</p>
<p>May all your ideas be big ones.</p>
<p>I look forward to meeting you in the ditch.</p>
<p>Chris Sherliker</p>
<p><img src="file:///C:/DOCUME%7E1/CJS/LOCALS%7E1/Temp/moz-screenshot-1.png" alt="" /></p>
<p><img class="alignleft size-full wp-image-653" title="namesearch+cjs" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2010/06/namesearch+cjs.jpeg" alt="namesearch+cjs" width="108" height="108" /></p>
<p>@London_Law_Firm<br />
cjs@silvermansherliker.co.uk<br />
Tel:  +44  (0)20 7749 2700</p>
<p>Silverman Sherliker LLP, 7 Bath Place, London EC2A 3DR</p>
]]></content:encoded>
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		<title>The Politics of Binge Drinking</title>
		<link>http://www.silvermansherlikerblog.com/the-politics-of-binge-drinking</link>
		<comments>http://www.silvermansherlikerblog.com/the-politics-of-binge-drinking#comments</comments>
		<pubDate>Wed, 14 Oct 2009 11:13:36 +0000</pubDate>
		<dc:creator>Maria Guida</dc:creator>
				<category><![CDATA[Licensing Law]]></category>
		<category><![CDATA[Property Law]]></category>
		<category><![CDATA[Licensing]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[the Licensing Act]]></category>

		<guid isPermaLink="false">http://www.silvermansherlikerblog.com/?p=225</guid>
		<description><![CDATA[The Labour Government promised that the Licensing Act 2003 would foster a &#8216;continental-style&#8217; cafe culture and bring an end to binge drinking.
Has it actually worked?
Er&#8230;&#8230;not yet!
Police chiefs think that the changes have simply moved alcohol-related disorder into the early hours of the morning and have increased or, at least, failed to change, levels of drink-fuelled [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Fthe-politics-of-binge-drinking"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Fthe-politics-of-binge-drinking" height="61" width="51" /></a></div><div><span style="font-size: small;"><img class="alignleft size-full wp-image-232" title="beerpumps" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2009/10/beerpumps.jpg" alt="beerpumps" width="150" height="172" />The Labour Government promised that the Licensing Act 2003 would foster a &#8216;continental-style&#8217; cafe culture and bring an end to binge drinking.</span></div>
<p>Has it actually worked?</p>
<p>Er&#8230;&#8230;not yet!</p>
<p>Police chiefs think that the changes have simply moved alcohol-related disorder into the early hours of the morning and have increased or, at least, failed to change, levels of drink-fuelled incidents.</p>
<p>Binge drinking has been part of the British &#8216;culture&#8217; for centuries (as Chaucer’s images of drink and revelry in The Canterbury Tales clearly show and that’s not the earliest reference to binge drinking) but centuries old behaviour like this will take more than a few years to eradicate. It is simply too early for the Licensing Act to be shown to have worked (if you still believe that it is ever going to work) and it will take at least one generation to eradicate the social scourge of binge drinking from the life-style of the young and boisterous (not that it is restricted to the &#8220;young&#8221;).</p>
<p>David Cameron sets his sights on more short-term goals, namely dealing with the ever-pressing issue of drink-related crime. He has said that the Conservatives plan &#8220;serious changes&#8221; to the Licensing Act to tackle the problem of drink-related violence: &#8220;We need to look at the unbelievable availability of very cheap drink, getting 3 litres of cider for £1.99, at all hours of day and night. We&#8217;ve got to do something about this and I&#8217;m exploring what we can do to deal with the drink that is fuelling so much of the crime in our country.&#8221;</p>
<p>The Shadow Home Secretary, Chris Grayling, goes even further by saying that the licensing regime is a mess which the Tories would &#8220;tear up.&#8221; New measures would include giving councils the powers to restrict the opening hours of pubs, clubs and off-licences and impose much tougher penalties on pubs that break the rules &#8230;.which all sounds rather similar to Mr Brown’s new proposals on the licensing regime.</p>
<p>On 30th September 2009 Gordon Brown – who has never been entirely comfortable with parts of the Licensing Act 2003 introduced under Tony Blair (but has stopped short of overhauling it) – told delegates at the Labour Party Conference about his plans. These would see licensing authorities being able to suspend 24-hour licensing to restrict pubs and clubs that stay open around the clock, if they are believed to be responsible for anti-social behaviour in a part of the community.</p>
<p>These measures seem likely to have only a limited effect. For one thing, much of what Gordon Brown is trumpeting as &#8216;new reform&#8217; are powers that are already available under the existing licensing laws. For another, there are only 700 hundred pubs, bars and nightclubs that can actually stay open 24 hours. Of those, few do. The council and the police already have a range of powers to deal with problematic venues, including closure orders and review procedures. The Policing and Crime Bill currently before Parliament will add to that by allowing licensing authorities to impose additional conditions on existing licences in a locality where there has been particular nuisance or disorder caused by binge drinkers in that locality. The Bill seeks to introduce a statutory Code of Practice on the supply of alcohol and allows the Secretary of State to prescribe mandatory conditions for all venues holding Premises Licences without exemptions.</p>
<p>Since 31 August 2009, ‘post-conviction’ Drinking Banning Orders were introduced. Police and Councils now have powers under the Violent Crime Reduction Act 2006 to apply to the courts on a civil basis for DBOs – dubbed ‘alcohol ASBOS’ – that prevent individuals from entering licensed premises if they have already exhibited &#8220;criminal or anti-social behaviour linked to consumption of alcohol.&#8221; The post-conviction DBO process will require both magistrates and county courts (in appropriate cases) to consider whether to impose a DBO, or to state why they have not done so. We may well be seeing lots of DBOs in the not too distant future.</p>
<p>Finally – how is all of this news being treated by the people at the sharp end, i.e. pubs and other businesses that will be affected by the changes?</p>
<p>In July 2009, pubs were already closing at the rate of 52 per week. Pubs and clubs will not take kindly to further restrictions on their opening hours and even greater control measures.</p>
<p>The smoking ban has already seen profits fall dramatically in the licensed sector and campaigners who want to lift or relax the smoking ban believe that, without a relaxation of smoking laws, hundreds more pubs and clubs may be forced to close due to lost trade from smokers.</p>
<p>Balancing the needs of the actual operators of pubs and clubs against the concerns for health, law and order is not easy, but it seems that the actual commercial effect of these changes on the licensed industry is the last thing on the mind of the Prime Minister or his Heir Apparent. .</p>
<p>One this is certain. The future of the Licensing Act 2003, introduced by the Labour Government, is uncertain and whichever party wins the next general election, it looks like we are set for major changes.</p>
<p>For more insights on the UK Licensing scene follow <a href="http://http://twitter.com/LICENTIOUS_LAW">@Licentious_Law </a>on Twitter.</p>
]]></content:encoded>
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		<title>Business Legal Security: 50 Point Check-list</title>
		<link>http://www.silvermansherlikerblog.com/business-legal-advice-2</link>
		<comments>http://www.silvermansherlikerblog.com/business-legal-advice-2#comments</comments>
		<pubDate>Sat, 10 Oct 2009 17:00:51 +0000</pubDate>
		<dc:creator>Chris Sherliker</dc:creator>
				<category><![CDATA[Business Legal Advice]]></category>
		<category><![CDATA[Dispute resolution]]></category>
		<category><![CDATA[Employment Law]]></category>
		<category><![CDATA[Intellectual Property]]></category>
		<category><![CDATA[Trade Marks]]></category>
		<category><![CDATA[Business Checklist]]></category>
		<category><![CDATA[Business Security]]></category>
		<category><![CDATA[Free Guide]]></category>
		<category><![CDATA[Legal Advice On Selling A Business]]></category>

		<guid isPermaLink="false">http://www.silvermansherlikerblog.com/?p=204</guid>
		<description><![CDATA[ 
This is a non-exhaustive 50 point checklist designed to help you avoid some very common legal pitfalls and maximise the legal security of your business.

Make sure that legal ownership assets used in the business are actually owned by the business.
Get written copyright assignments from designers, authors, software and web developers and appropriate warranties of originality.
Check the terms [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Fbusiness-legal-advice-2"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.silvermansherlikerblog.com%2Fbusiness-legal-advice-2" height="61" width="51" /></a></div><p><img class="alignright size-thumbnail wp-image-213" title="business-legal-advice" src="http://www.silvermansherlikerblog.com/wp-content/uploads/2009/10/business-legal-advice2-150x150.gif" alt="business-legal-advice" width="150" height="150" /> </p>
<p><strong>This is a non-exhaustive 50 point checklist designed to help you avoid some very common legal pitfalls and maximise the legal security of your business.</strong></p>
<ol>
<li>Make sure that legal ownership assets used in the business are actually owned by the business.</li>
<li>Get written copyright assignments from designers, authors, software and web developers and appropriate warranties of originality.</li>
<li>Check the terms and conditions of third party suppliers of services to ensure you legally own any deliverables they create.</li>
<li>Do not rely on a terminable licence for key business assets; take an assignment or a perpetual royalty-free licence.</li>
<li>Always negotiate when taking or granting a licence (term, option to renew, notice period, warranties, conditions etc).</li>
<li>Make sure new shareholders assign the assets that they are bringing to the party to the business as a condition of the issue of their shares.</li>
<li>Check every name, trademark, slogan and design you use to ensure it does not infringe any third-party rights.</li>
<li>Do not use a name, slogan or logo without filing a registered trademark application.</li>
<li>Check the patentability of your inventions before disclosure or marketing.</li>
<li>Patent your novel inventions if patentable.</li>
<li>Register your designs as UK or EU Registered Designs.</li>
<li>Insist on non-disclosure agreements as prelude to deal negotiations.</li>
<li>When buying, consider milestone payments and a retention.</li>
<li>When buying, obtain contractual warranties and indemnities from sellers.</li>
<li>When buying, carry out as much due diligence as is possible.</li>
<li>When selling, get deferred payments guaranteed or secured.</li>
<li>Agree terms of &#8217;soft&#8217; loan capital up-front to avoid sudden repayment demands by investors.</li>
<li>Consider weighted voting rights for business founders who go below 50%.</li>
<li>Ensure shareholders, employees and consultants agree non-compete obligations.</li>
<li>Ensure post-termination non-competes are reasonable and enforceable.</li>
<li>Protect customer-base and goodwill by including non-solicitation obligations in employee contracts.</li>
<li>Protect investment in staff by including non-poaching obligations in employee contracts.</li>
<li>Impose strict confidentiality obligations on people involved in the business.</li>
<li>Ensure confidentiality obligations continue after termination of involvement.</li>
<li>Draw up an appropriate Shareholders Agreement for multiple shareholders.</li>
<li>Consider list of &#8216;reserved issues&#8217; requiring unanimous shareholder consent to implement.</li>
<li>Do business under your own clearly-drafted standard terms and conditions of business.</li>
<li>Bring your terms and conditions to the attention of customers before they commit to buy.</li>
<li>Make share ownership by partners and staff subject to performance criteria.</li>
<li>Provide that employee shares vest over a reasonable period of time.</li>
<li>Make employee shares subject to sell-back obligation if they leave for any reason.</li>
<li>Provide a procedure for the fair valuation of shares of leaving employee.</li>
<li>Encourage employee loyalty by providing for nil value on share buy-back in first 2-3 years.</li>
<li>Consider discounted (or nil) value for shareholder employees dismissed for breach or wrongdoing.</li>
<li>Control the ability to sell the business by imposing &#8216;drag-along&#8217; terms on minority shareholders.</li>
<li>Consider share purchase assurance to buy back shares of deceased shareholder from the estate.</li>
<li>Consider a contractual dispute resolution procedure to avoid dead-lock or formal proceedings.</li>
<li>Build business value by obtaining written contracts with customers and clients.</li>
<li>Consider minimum term commitments from customers and clients and long notice period.</li>
<li>Register under the Data Protection Act if applicable.</li>
<li>Negotiate favourable written agreements with all suppliers.</li>
<li>In supplier contracts, seek exclusivity, initial minimum term, renewal rights and long notice period.</li>
<li>When granting exclusivity ensure minimum performance criteria as a condition of such exclusivity.</li>
<li>Consider legal expenses insurance and After the Event Insurance when engaging in legal proceedings.</li>
<li>Ensure your business operates within its industry standards and applicable statutory framework.</li>
<li>Agree an appropriate Grievance and Disciplinary Procedure and stick to it.</li>
<li>Do not terminate any contract of employment without taking legal advice.</li>
<li>Never rely on a calculation or valuation carried out by accountants that are being instructed or paid by someone else.</li>
<li>Always seek a personal guarantee of payment or performance from principals of an SME business.</li>
<li>When dealing with a group of companies, seek guarantee of payment or performance by holding company.</li>
</ol>
<p>              &#8230;..and never give anyone a signed, blank cheque.</p>
<p> Email to discuss any of this: <a href="mailto:cjs@silvermansherliker.co.uk">cjs@silvermansherliker.co.uk</a></p>
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